The United Arab Emirates (UAE) has established itself as a global powerhouse for trade and commerce. At the heart of this growth story lies the Dubai Multi Commodities Centre (DMCC), a premier Free Zone renowned for its focus on commodities trading and fostering a dynamic business environment.
About DMCC
Established in 2002, DMCC is a purpose-built Free Zone strategically located in Jumeirah Lake Towers (JLT), Dubai. It offers a unique ecosystem designed to facilitate the trade of a wide range of commodities, including
- Precious metals (gold, diamonds, coloured stones, pearls)
- Energy products (oil, gas)
- Base metals (steel, aluminium)
- Soft commodities (tea, coffee, cotton)
DMCC goes beyond simply providing space for businesses. It fosters a vibrant community, offering a comprehensive range of services and facilities that empower companies to thrive
Choosing DMCC for your company setup unlocks a multitude of advantages
- 100% Foreign Ownership: Unlike the UAE mainland, DMCC allows full foreign ownership, eliminating the need for a local sponsor.
- Tax Benefits: Enjoy exemption from income tax and minimal corporate tax boosting profitability.
- Duty Exemptions: Benefit from minimal or no customs duties on imports and exports, enhancing operational cost-effectiveness.
- Strategic Location: DMCC's proximity to primary transportation links simplifies logistics and facilitates global trade.
- Reputable Ecosystem: DMCC houses leading commodity trading firms, banks, and financial institutions, fostering valuable networking opportunities.
- DMCC Crypto Centre: This is a dedicated hub for blockchain and cryptocurrency businesses, attracting innovative companies in the digital asset space.
DMCC offers a streamlined company formation process, typically involving the following steps
Business Activities Permitted in DMCC
While DMCC is renowned for commodities trading, it caters to a broader range of business activities, including
DMCC’s unique combination of world-class infrastructure, tax benefits, and a supportive ecosystem makes it an ideal location for companies of all sizes involved in the commodities trade and related sectors. Whether you’re a seasoned trader or a budding entrepreneur, DMCC offers a platform for success. Contact Us to explore the possibilities, leverage the advantages, and embark on your exciting business journey in the heart of Duabi!
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